Foreign tech companies woo USA's best, brightest

While politicians and tech leaders decry a lack of engineering talent in the USA, and college graduates struggle to find work, a growing number of tech companies overseas are swooping in and recruiting some of America's best and brightest. The recruiters are foreign-born tech workers who left the U.S. because of visa issues and now plan to take Americans back home with them as employees. Kunal Bahl, CEO of Snapdeal, one of India's fastest-growing tech companies, visited four top U.S. universities this month in hopes of snagging 20 to 30 engineers, product managers and marketers.

The recruiting trip had stops at Columbia University, University of Pennsylvania, Northwestern University and Stanford University. Mahindra & Mahindra, an Indian automotive company, is recruiting at Penn's Wharton School of Business, as are the Royal Bank of Scotland and Barclays. The domestic brain drain comes as President Obama and others ask lawmakers to change strict U.S. immigration law.